Wigo Ecosystem
  • โ™พ๏ธWigo Ecosystem
    • ๐ŸŒOverview
    • ๐Ÿ“„Whitepaper V2
    • ๐ŸŒช๏ธMission & Vision
    • ๐ŸงฉThe Ecosystem
    • ๐Ÿช™WIGO Token
      • โ›๏ธTokenomics
      • ๐ŸŽRewards Distribution
  • ๐ŸชGALAXY
    • ๐ŸŒŒOverview
    • ๐ŸŽฎGalaxy Mechanics
    • ๐Ÿ•น๏ธQuest Types and Structures
    • ๐Ÿ†Rewards and Incentives
    • ๐ŸšฉGalaxy ID
    • ๐ŸŽจUser Experience and Interface
  • WigoSwap - The DeFi
    • ๐ŸฆOverview
      • ๐Ÿ”Secure & Sustainable
    • ๐Ÿ”ฅGalaxy Burn Module (GBM)
    • ๐ŸŒ‰WigoBridge: Go Beyond
    • ๐ŸŽฒWigoQuest: Play and Earn
    • โšกDeFi Products
      • โ†”๏ธSwap
        • How to Swap Fantom Tokens
      • ๐Ÿ’ฐLiquidity Pools
        • How to Add/Remove Liquidity
      • ๐Ÿ‘จโ€๐ŸŒพYield Farming
        • How to Use WigoFarm
        • How to Use WigoFarm with FTMScan
      • ๐ŸฆStaking WIGO
        • How to Stake in WigoBank
        • Automatic vs. Standard
        • WigoBank FAQ & Troubleshooting
  • WIGOPLAY
    • ๐ŸŽฎOverview
    • ๐Ÿง™Predict Game
      • How to use Predict
      • Predict FAQ
    • ๐ŸŽฒThe Raffle ๐Ÿ› 
  • Bazaar
    • ๐Ÿ–ผ๏ธOverview
    • ๐Ÿง™โ€โ™‚๏ธWiggies and Rare Wiggies
  • Developments
    • ๐Ÿ”—WiLink ๐Ÿ› 
    • ๐Ÿ‘ทDeTasker ๐Ÿ› 
    • ๐Ÿ’ฐWigoRun ๐Ÿ› 
    • ๐Ÿ‘ปWiHee ๐Ÿ› 
  • Extras
    • ๐ŸšฆEducation Hub
      • Create a Fantom Wallet
      • How to stake FTM
      • Get FRC20 Tokens
      • Connect Your Wallet to WigoSwap
      • Troubleshoot
      • General FAQ
      • Fix Pending Transactions
      • Risks
    • ๐Ÿ’ฌCommunity
    • โฌBrand & Logos
    • ๐Ÿ“”WigoSwap Contracts
    • ๐Ÿ”—Token Addresses
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  • Rewarding Schedule
  • Why WIGO per Second?
  1. Wigo Ecosystem
  2. WIGO Token

Rewards Distribution

PreviousTokenomicsNextOverview

Last updated 1 year ago

The base emissions rate is 9 WIGO per second divided across WIGO staking and farming pools. WIGO minting features a mid-term hyperinflationary period of 8 months in which rewards have a 9 times multiplier in the first month and are reduced automatically every month afterward. All tokens minted in this period will be released immediately.

Rewarding Schedule

Month
Duration
WIGO/s
Rewards
Total Rewards

1

2,592,000 s

81

209,952,000

209,952,000

2

2,592,000 s

72

186,624,000

396,576,000

3

2,592,000 s

63

163,296,000

559,872,000

4

2,592,000 s

54

139,968,000

699,840,000

5

2,592,000 s

45

116,640,000

816,480,000

6

2,592,000 s

36

93,312,000

909,792,000

7

2,592,000 s

27

69,984,000

979,776,000

8

2,592,000 s

18

46,656,000

1,026,432,000

9

2,592,000 s

9

23,328,000

1,049,760,000

10

2,592,000 s

9

23,328,000

1,073,088,000

11

2,592,000 s

9

23,328,000

1,096,416,000

12

2,592,000 s

9

23,328,000

1,119,744,000

...

...

...

...

...

31

2,592,000 s

9

23,328,000

1,562,976,000

32

2,592,000 s

9

23,328,000

1,586,304,000

...

...

...

...

...

n

2,592,000 s

9

?

?

Why WIGO per Second?

Reading the texts explaining the mechanism of the farms and the calculation of the emissions on WigoSwap, you might have asked yourself why the terminology โ€œWIGO per secondโ€ is used rather than โ€œWIGO per blockโ€? The answer is simple; WigoSwap operates on the Fantom Blockchain, and on Fantom, transaction activities on the blocks determine the block time on the network. Therefore, the block time could range from less than one second to 20+ seconds.

But why is this important for WigoSwapโ€™s ecosystem? Considering the farms where you stake your tokens to earn rewards, there is no significant difference between WigoSwapโ€™s farms and the farms that use other chains. Nevertheless, regarding operations such as swapping, the Fantom Blockchain is outstanding and can outperform other chains. This is because, on the Fantom Blockchain, there is an inverse relationship between the number of transactions and the block times. In other words, increasing the number of transactions on the network leads to a decrease in block times. Consequently, users benefit from a faster transaction speed and a quicker trading experience.

Although WIGO has a 2 billion hard cap, mechanism prolongs the time to reach the hard cap. Getting the hard cap will take about 33 months, assuming no tokens are burned. The more tokens burned, the more extended emissions, but the total supply of WIGO will never exceed the hard cap.

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